What must happen to written offers to purchase or lease a property in Kentucky?

The correct answer indicates that written offers to purchase or lease a property in Kentucky must be presented promptly to the seller or owner. This requirement ensures that sellers are given a fair opportunity to consider all offers made to them, thereby promoting transparency and ethical practices in real estate transactions. Timely presentation of offers helps maintain trust between parties and aligns with fiduciary responsibilities that agents have towards their clients.

This protocol is vital to the transactional process, as it allows the seller to make informed decisions based on current market activity and potential buyer interest. By promptly presenting all written offers, real estate professionals uphold the integrity of the transaction process and reinforce the importance of communication in securing business relationships.

As for the other choices, they suggest either a lack of obligation regarding prompt presentation or imply unnecessary procedures or limitations that do not align with industry standards in Kentucky real estate practices.